TIDMPERE

RNS Number : 1021I

Pembridge Resources PLC

15 June 2017

15 June 2017

Pembridge Resources Plc

("Pembridge" or "the Company")

Suspension and Corporate Update

Pembridge Resources plc (LON: PERE), the AIM listed natural resource exploration and development company, announces that trading in its shares on AIM was suspended at 7.30am this morning pursuant to AIM Rule 15. In accordance with AIM Rule 41, if the shares are suspended for a period of six months, and the Company is unable to successfully list on the Standard Segment of the Official List before that time, the Company's listing on AIM will automatically be cancelled.

Following the announcement on 22 May 2017, the Company is pleased to report that it has made considerable progress towards listing on the Standard Segment of the Official List. A draft prospectus was submitted to the UKLA and the Company has received and replied to initial comments on the document. We are confident that, subject to regulatory and shareholder approvals, Admission will occur following a general meeting which is expected to be held before mid-July, well within the permitted suspension period. Further updates will be provided as appropriate.

Shareholders should note that Admission to the Official List and trading on the Standard Segment of the London Stock Exchange's Main Market for listed securities requires a number of regulatory approvals and approval of the UK Listing Authority. Shareholders should be aware that there can be no certainty that the Company will be able to successfully list on the Standard Segment of the London Stock Exchange.

ENDS

 
 Pembridge Resources       T: +44 (0)203 
  PLC                       778 0655 
  David Linsley, Chief 
  Executive Officer 
 SPARK Advisory Partners   T: +44 (0) 2033 
  - Nominated Adviser       683 555 
  Sean Wyndham-Quin 
  Neil Baldwin              www.sparkadvisorypartners.com 
 Shard Capital - Joint     T: +44 (0) 20 
  Broker                    7186 9900 
  Damon Heath 
 
  SI Capital Limited -      T: +44 (0) 1483 
  Joint Broker              413 500 
  Nick Emerson 
  Andy Thacker 
 Beaufort Securities       T: +44 (0) 207 
  Limited - Joint Broker    382 8300 
  Zoe Alexander 
 
 Blytheweigh - Financial   T: +44 (0) 207 
  PR                        138 3204 
  Tim Blythe, Camilla 
  Horsfall, Nick Elwes

For further information on the Company, visit: http://www.pembridgeresources.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFIMJTMBIBBLR

(END) Dow Jones Newswires

June 15, 2017 02:40 ET (06:40 GMT)

Pembridge Resources (LSE:PERE)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Pembridge Resources.
Pembridge Resources (LSE:PERE)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Pembridge Resources.